Even as equity mutual fund inflows fell by 10% in September, SIP contributions surged by 4%, crossing the Rs 24,000 crore mark for the first time.

The latest data from AMFI shows that monthly SIP contributions rose to Rs 24,508.73 crore in September, up from Rs 23,547.34 crore in August.

According to the monthly data released by AMFI, the number of new SIPs registered in September stood at 6,638,857. Also, the SIP AUM reached an all-time high of Rs 13.81 lakh crore.

According to the monthly data released by AMFI, the number of new SIPs registered in September stood at 6,638,857. Also, the SIP AUM reached an all-time high of Rs 13.81 lakh crore.